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8526 Lowell St Louis, MO 63147
2 Beds
1 Bath
912 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 912 sqft
Price per Sqft $70
Subdivision Honsbys Baden
MLS Listing ID 26024209
Style Bungalow
Bedrooms 2
Full Baths 1
Year Built 1933
Annual Tax Amount $359
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Single Family Residence
Property Description
Two tenant-occupied St. Louis investment properties SIGNIFICANTLY REDUCED and available individually or as a package.
8526 Lowell St – NOW $63,990, reduced from the original $80,000 — a $16,010 price reduction-Currently rented at $1,050/month, generating $12,600 annually, with a gross rent yield of approximately 19.7%.
1039 Wall St, St Louis MO 63147 – NOW $47,990, reduced from the original $60,000 — a $12,010 price reduction-Currently rented at $800/month, generating $9,600 annually, with a gross rent yield of approximately 20.0%.
PACKAGE PRICE: $111,980. Combined rental income is $1,850/month or $22,200 annually, representing a gross rent yield of approximately 19.8%.
Both properties are tenant occupied, income producing, and sold AS-IS, offering investors an opportunity to add two affordable rental properties to their portfolio.
Please allow 24-hour notice for all showings and do not disturb the tenants. Proof of funds or lender pre-approval must accompany all offers. Buyer and buyer's agent are responsible for verifying all property information, measurements, and other pertinent information.
Location
State MO
County St Louis City
Area 5 - North
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Exterior
Parking Features true
Garage Spaces 1.0
Fence Back Yard
Utilities Available Electricity Available
View Y/N No
Building
Lot Description Near Public Transit
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Walbridge Elem. Community Ed.
Middle Schools Yeatman-Liddell Middle School
High Schools Vashon High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listing As Is